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Pro-Pac Packaging Limited Announces Director’s Share Acquisition

Story Highlights

Pro-Pac Packaging Limited ( (AU:PPG) ) just unveiled an announcement.

Pro-Pac Packaging Limited announced a change in the director’s interest, with John Joseph Cerini acquiring 9,084,386 ordinary shares and the lapsing of 5,942,857 performance rights. This off-market trade increases Cerini’s holdings to 10,097,695 ordinary shares, potentially impacting the company’s governance and signaling confidence in its future prospects.

More about Pro-Pac Packaging Limited

Pro-Pac Packaging Limited operates in the packaging industry, focusing on providing a range of packaging solutions. The company specializes in manufacturing and distributing packaging products, serving various market segments with an emphasis on innovation and sustainability.

YTD Price Performance: -33.33%

Average Trading Volume: 135,621

Technical Sentiment Signal: Buy

Current Market Cap: A$3.63M

Find detailed analytics on PPG stock on TipRanks’ Stock Analysis page.

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